Question 1

Activity models are a relatively new process modeling tool.

Accepted Answer

A) True 
 B)False

Question 2

Opportunity flowcharts identify opportunities for process improvement by separating value-added from non-value-added activities.

Accepted Answer

A) True 
 B)False

Question 3

Business Process Modeling Notation (BPMN)activity diagrams are conceptually similar to process maps.

Accepted Answer

A) True 
 B)False

Question 4

Because business models are simpler than the processes they depict,they are limited in their ability to integrate local views of a process.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is not a Stewardship and Reporting role of the Accounting/Finance Function in Business?

Accepted Answer

A)  Human Resource management 
B)  Regulatory compliance 
C)  Tax returns 
D)  Statutory reporting 
A)  Human Resource management 
B)  Regulatory compliance 
C)  Tax returns 
D)  Statutory reporting

Question 6

Gateways show decisions and possible branching as a result of the decision.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following best describes the purpose of a swimlane?

Accepted Answer

A)  Depicts different organizations involved in a process. 
B)  Depicts different departments of the same organization in a process. 
C)  Depicts interactions between organizations in a process. 
D)  Depicts the sequence of tasks in a process. 
A)  Depicts different organizations involved in a process. 
B)  Depicts different departments of the same organization in a process. 
C)  Depicts interactions between organizations in a process. 
D)  Depicts the sequence of tasks in a process.

Question 8

Business Process Modeling Notation (BPMN)activity diagrams depict activities as circles.

Accepted Answer

A) True 
 B)False

Question 9

Use the following description to create a Business Process Modeling Notation (BPMN)activity diagram of the process.
Nora accesses the Amazon.com website to purchase a favorite musician's latest album.She searches for the musician's name.Amazon displays the results of the search,and she selects the correct entry.She samples the music and then decides whether to purchase the album.If she decides to purchase the album,then she must decide whether to purchase a physical CD or just download the MP3 files.
If she decides to purchase the CD,she clicks on the buy now button.Since she is an Amazon Prime member,she automatically receives free 2-day delivery and the item is charged to her credit card.She then waits 2 days for the delivery of the CD.When it arrives,she can enjoy the music.
If she decides to purchase the MP3,she selects that option and again clicks on the buy now button.She is charged for the item and taken to a page to download her music.She downloads the album,and then she can enjoy her music.

Accepted Answer

There could be sever

Question 10

To be valuable business partners,accountants must understand how the business delivers value to its employees.

Accepted Answer

A) True 
 B)False

Question 11

Use the following description to create a Business Process Modeling Notation (BPMN)activity diagram of the process.
Caitlin is planning to run in the local July 4th 5K run.She wants to register online,but she forgot the websites URL.So,she navigates to Google and starts a search for the site.She selects the registration site from the search results.Once at the site,she selects the option to register for the 4th of July run.She fills in the registration form and provides her credit card information for payment.
After completing her own registration,she decides to register the other members of her team.One-by-one,she enters the registration information for the team member and pays for their entry.After completing all the registrations,she provides a user name and password so she can return to the site to see their results after the race.She logs out of the site and closes her browser.

Accepted Answer

There could be sever

Question 12

A business process constrains business rules.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is not a Business Management Support role of the Accounting/Finance Function in Business?

Accepted Answer

A)  Management information 
B)  Planning, budgeting and forecasting 
C)  Financial consolidation, reporting and analysis 
D)  Investment appraisal 
A)  Management information 
B)  Planning, budgeting and forecasting 
C)  Financial consolidation, reporting and analysis 
D)  Investment appraisal

Question 14

Which of the following is not part of the business analysis process?

Accepted Answer

A)  Ascertaining information about current and future business processes. 
B)  Using business process modeling tools. 
C)  Using IT to make finance and accounting processes more efficient and effective. 
D)  Documenting current and future business processes. 
A)  Ascertaining information about current and future business processes. 
B)  Using business process modeling tools. 
C)  Using IT to make finance and accounting processes more efficient and effective. 
D)  Documenting current and future business processes.

Question 15

Which of the following best describes the purpose of an activity model?

Accepted Answer

A)  An activity model describes the sequence of workflow in a business process. 
B)  An activity model constrains and guides process operations. 
C)  An activity model depicts data structures. 
D)  None of the above. 
A)  An activity model describes the sequence of workflow in a business process. 
B)  An activity model constrains and guides process operations. 
C)  An activity model depicts data structures. 
D)  None of the above.

Question 16

Accountants now face a challenge of helping businesses optimize processes.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is a difference between Business Process Modeling Notation (BPMN)activity diagrams and flowcharts?

Accepted Answer

A)  BPMN symbols can show a variety of intermediate events that affect the sequence flow. 
B)  Flowcharts have symbols to represent the start and end of a process. 
C)  BPMN diagrams show the sequence flow of activities. 
D)  Flowcharts can be annotated with text. 
A)  BPMN symbols can show a variety of intermediate events that affect the sequence flow. 
B)  Flowcharts have symbols to represent the start and end of a process. 
C)  BPMN diagrams show the sequence flow of activities. 
D)  Flowcharts can be annotated with text.

Question 18

A business model is typically a graphical depiction of the essential business process information.

Accepted Answer

A) True 
 B)False

Question 19

Data Flow Diagrams start with a circle indicating the start event.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is not a common element of activity models regardless of the specific modeling notation?

Accepted Answer

A)  Events to start and stop the workflow 
B)  Sequence of flow between tasks 
C)  Multiplicities 
D)  Decision points that affect the process flow 
A)  Events to start and stop the workflow 
B)  Sequence of flow between tasks 
C)  Multiplicities 
D)  Decision points that affect the process flow

Activity models are a relatively new process modeling tool.

Opportunity flowcharts identify opportunities for process improvement by separating value-added from non-value-added activities.

Business Process Modeling Notation (BPMN)activity diagrams are conceptually similar to process maps.

Because business models are simpler than the processes they depict,they are limited in their ability to integrate local views of a process.

Which of the following is not a Stewardship and Reporting role of the Accounting/Finance Function in Business?

Gateways show decisions and possible branching as a result of the decision.

Which of the following best describes the purpose of a swimlane?

Business Process Modeling Notation (BPMN)activity diagrams depict activities as circles.

To be valuable business partners,accountants must understand how the business delivers value to its employees.

A business process constrains business rules.

Which of the following is not a Business Management Support role of the Accounting/Finance Function in Business?

Which of the following is not part of the business analysis process?

Which of the following best describes the purpose of an activity model?

Accountants now face a challenge of helping businesses optimize processes.

Which of the following is a difference between Business Process Modeling Notation (BPMN)activity diagrams and flowcharts?

A business model is typically a graphical depiction of the essential business process information.

Data Flow Diagrams start with a circle indicating the start event.

Which of the following is not a common element of activity models regardless of the specific modeling notation?

Accounting Information Systems and Firm Value

Data Modeling

Relational Databases and Enterprise Systems

Sales and Collections Business Process

Purchases and Payments Business Process

Conversion Business Process

Reporting Processes and Extensible Business Reporting Language XBRL

Accounting Information Systems and Internal Controls

Information Security and Computer Fraud

Monitoring and Auditing AIS

The Balanced Scorecard and Business Value of Information Technology

Evaluating AIS Investments

The Systems Development Life Cycle and Project Management: Addressing the Challenges of Building Ais Systems

Filters

Exam 2: Accountants As Business Analysts

Activity models are a relatively new process modeling tool.

Opportunity flowcharts identify opportunities for process improvement by separating value-added from non-value-added activities.

Business Process Modeling Notation (BPMN)activity diagrams are conceptually similar to process maps.

Because business models are simpler than the processes they depict,they are limited in their ability to integrate local views of a process.

Which of the following is not a Stewardship and Reporting role of the Accounting/Finance Function in Business?

Gateways show decisions and possible branching as a result of the decision.

Which of the following best describes the purpose of a swimlane?

Business Process Modeling Notation (BPMN)activity diagrams depict activities as circles.

To be valuable business partners,accountants must understand how the business delivers value to its employees.

A business process constrains business rules.

Which of the following is not a Business Management Support role of the Accounting/Finance Function in Business?

Which of the following is not part of the business analysis process?

Which of the following best describes the purpose of an activity model?

Accountants now face a challenge of helping businesses optimize processes.

Which of the following is a difference between Business Process Modeling Notation (BPMN)activity diagrams and flowcharts?

A business model is typically a graphical depiction of the essential business process information.

Data Flow Diagrams start with a circle indicating the start event.

Which of the following is not a common element of activity models regardless of the specific modeling notation?

Accounting Information Systems and Firm Value

Data Modeling

Relational Databases and Enterprise Systems

Sales and Collections Business Process

Purchases and Payments Business Process

Conversion Business Process

Reporting Processes and Extensible Business Reporting Language XBRL

Accounting Information Systems and Internal Controls

Information Security and Computer Fraud

Monitoring and Auditing AIS

The Balanced Scorecard and Business Value of Information Technology

Evaluating AIS Investments

The Systems Development Life Cycle and Project Management: Addressing the Challenges of Building Ais Systems

Filters